Business Set up

Q. Do you want to set up a new business but don’t know how to do it?

At Dashpute and Associates, we understand that every business begins with a dream and a vision. However, navigating through complex tax laws and financial regulations can be overwhelming. That’s why we are your trusted financial service partner. We support businesses to establish their presence in India and guide them through the complete set-up process and the various regulatory requirements to ensure a smooth set-up of their presence

Advanced Management Consultancy (AMC)

Our comprehensive range of services includes :

• Formulation of entry strategy to meet client’s business goals

• Support in Entity establishment

• Obtaining of registration/licenses for the entity

• Post-incorporation compliances under the LLP Act, Companies Act, Foreign Exchange Regulations, etc.

Q. Are you running a business for many years but not able to grow as per the vintage and the market growth rate

We are a business consulting firm dedicated to enhancing organizational performance and efficiency. Our services are customized to meet the specific needs of your industry, ensuring that we address your unique challenges and opportunities. Our team, with its extensive expertise, employs innovative strategies and proven methodologies to deliver seamless, effective solutions tailored to your business goals.

Whether you seek to optimize operations, boost productivity, or implement strategic improvements, we provide comprehensive support throughout the process. Our approach is designed to help you achieve measurable results and drive sustainable growth. From in-depth analysis to practical implementation, we partner with you every step of the way to elevate your business to its highest potential.

MSME Advisory

Micro, Small, and Medium Enterprises (MSMEs) play an important role in the economic growth and employment generation of any country. The MSME sector has played a key role in the socio-economic development of India, contributed inevitably to industrialization and infrastructural development, and provided silent support to the Indian economy.

We deeply understand the efforts put by an entrepreneur to run a business on a daily basis. In our ambitious mission to make MSMEs of today, MNCs of tomorrow, we provide hand holding to MSMEs right from incorporation until taking them to the SME stock exchange. In this entire journey, we have been playing an important role in bringing to fore the opportunities available for MSMEs in the form of various schemes, loans and other benefits provided by the government.

India has been witnessing a startup revolution for the past few years and it ranks third in the global list of countries with the largest startup ecosystems. Most startups work in uncertainty and with limited resources; hence, there is a need for startup consultants to provide proper guidance to accelerate the business growth. Additionally, most startups do not have in-house staff to get everything accomplished. We provide all the startup consulting services for entrepreneurs to launch and run their businesses successfully. Our dedicated team of professionals with rich experience in startup advisory helps you realize your dream and set up your own business.

Our services encompass -

• Business Incorporation and registration

• Valuation Advisory

• Fund Advisory

  We help you raise funds by connecting you with potential investors who are willing to invest in a commercially viable business plan. Your business plan is effectively communicated to investors, helping them understand your idea. Further, projected financials are prepared to enable you to access various financial institutions for your funding requirements.

  
  

• Virtual CFO services

  Virtual CFO is an outsourced service where we provide you the functions of a Chief Financial Officer. It helps you focus on the core areas of your business while we handle long term financial planning and financial reporting requirements. We take care of your work viz. accounting, payroll, regulatory compliances, filing of income tax return and GST returns, etc.

In order to survive and grow in an increasing competitive and accountable business environment, organizations are required to report not only on their financial performance, but also their non-financial performance. Environment, Social, and Government (ESG) is a journey that every organization should embark on to achieve their business objectives sustainably. The emerging focus on the integration of ESG into business and making it metrics-driven is expected to create a long-lasting impact that the world deserves, where economic development and human priorities do not contradict but complement each other.

Our services include :

• ESG diagnostics

• ESG strategy formulation and programme management

• ESG consulting

Our promise in audit and assurance is not just about numbers, it’s about offering an impartial evaluation and validation of the financial intricacies within your enterprise. We delve deep into financial statements, internal mechanisms, and adherence to legal mandates, ensuring that stakeholders can trust the financial statements.

Our audit services involve the following:

• In-depth study of existing systems, procedures and controls for proper understanding. Suggestions for improvement and strengthening.

• Ensuring compliance with policies, procedures and statutes.

• Comprehensive review to ensure that the financial statements are prepared in accordance with Generally Accepted Accounting Policies.

• Checking the genuineness of the expenses booked in accounts.

• Reporting inefficiencies at any operational level.

• Detection and prevention of leakages of income and suggesting corrective measures to prevent recurrence.

Our Audit & Assurance Services span:

• Statutory Audit under the Companies Act

• Audit under the Income Tax Act

• Internal Audit

(A) Direct Tax

• Domestic Compliance: Corporate & Individual, Advisory & Transaction Tax, Due diligence, Search & Seizure matters

• International Compliance: Non-residents, Expatriate & Foreign Companies, Advisory, Transfer Pricing compliance & documentation, Obtaining Lower withholding certificates

• Litigation: Assessment proceedings, Transfer pricing assessment, CIT(A), DRP, Settlement Commission & ITAT

• General: Formation of Trusts, Succession Planning, Expat PF withdrawal

(B) Indirect Tax

• GST Retainership and Assistance in filing of GST Returns

• GST Reconciliation services

• Advisory on GST matters and health check services

• Audit and Certification under the GST Act

• Setting up controls to ensure GST Compliance by businesses

• Due diligence services w.r.t. GST

• GST litigation support including the representation before GST authorities

• Assistance in claiming GST refunds

• Legacy taxation advisory services (Central Excise Duty, Service Tax, VAT, CST, etc.)

Startup Advisory

Audit and Assurance

Sustainability & ESG Advisory

Tax Advisory & Compliance

Managed Services

Q. Where to start from?

We support to MSMEs in the following ways:

• Assistance in raising funds for capital expenditure or working capital through various schemes viz. Standup India , CMEGP, PMEGP, MUDRA, CGTMSE, etc.

• Assistance in financing of trade receivables

• Assistance relating to Government e-market place (GeM) portal

• Assistance in Zero Defect, Zero Effect (ZED) certification

• Assistance relating to implementation of LEAN Scheme

• Assistance in resolution of dispute relating to trade receivables

• Virtual CFO services

• Registration under various enactments: Obtaining PAN / TAN from the Income Tax Authorities, registration with the GST authorities, EPF and ESIC authorities.

• Book-keeping and Accounting: Right from preparation of cheques to preparation of balance sheet, we can handle the entire accounting function of companies, partnerships and proprietorship concerns. In addition to the above we also provide advice on best accounting practices and policies.

• Payroll processing: Computation of the monthly payroll, computation of withholding tax and deposit of withholding tax.

• Statutory compliances: Ensuring compliance with the Income-tax law, GST law, EPF and ESIC.

• Preparation of Financial Statements: Preparation of Financial Statements in accordance with generally accepted accounting principles in India, IGAAP, IFRS & various local GAAPs of overseas jurisdiction.

• Asset verification and updating of records

Dashpute & Associates provided exceptional service, tailoring solutions to our needs with professionalism and expertise. Their dedication to client satisfaction is truly commendable.

BHUSHAN PURANIK

Founder Managing Director - Probus Software Pvt Ltd

★★★★★